Dead equity kills cash flow.With a opportunity value of a conservative 10% your 120K equity is costing you nearly 1300/month in lost income.

. :(  but no matter I moved on.I think the real issue here is were most wholesalers are DEAD wrong and its in the subtrifuge and fraud in the inducement into the contract in the first place when they give sellers the impression they are going to buy the property..

Risk tolerance.When will your market drop, are you prepared to risk your equity when it drops, is the present equity earning it's keep.What you do depends entirely on your goals and tolerance to existing or future real estate risk.Some would say take advantage of your equity gains and refinance to invest in more. some would advise to simply hunker down and be happy with what you have some would defiantly advise selling to get out ahead of a impending down turn in the market.You have dead cash costing you money every month since all it is doing is saving you on the prevailing interest rates.No one can tell you what you should do, they can only advise on what they would do with the knowledge of their own risk tolerance.I personally believe equity has negative value if it is not taken advantage of to generate greater returns.

@Engelo Rumora  quite frankly Engelo is one of the great American success stories bar none.he comes here 7 years ago from Australia  talking all funny with these big grandiose plans.. gets lulled into war zone type stuff because it was cheap learned straight away that was a dead end.

Leads from other states, leads missing contact info,  dead phone number, etc.  

So, when somebody is trying to track down ownership, they will run into a dead end since they won't be able to figure out who owns the Trust. 

Turn is dead right now (for the most part).

Using Charcoal inside a house is a very way to end up dead from the carbon monoxide. 

Thanks man.Adam Adam, personally I'd rather pull as much as I can out of the deal in order to use that on your next deal instead of having "dead" money sitting there. 

I was dead wrong.The price points you are talking about are where I started and I lost my a$$.